Question: 4 . Loaded - Up Fund charges a 1 2 b - 1 fee of 1 % and an operating expense 0 . 7 5

4. Loaded-Up Fund charges a 12b-1 fee of 1% and an operating expense 0.75%. Economy Fund charges a front-end load of 2% and an operating expense 0.25%. Assume the rate of return on both funds portfolio (before any fees) is 6% per year. How much will an investment of $1,000 in each fund grow to after: a)1 year? b)3 years? c)10 years?

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